Crypto asset supervisor Grayscale has filed an up to date S-1 for its BNB ETF with the U.S. Securities and Change Fee, shifting nearer to itemizing on Nasdaq. Bloomberg ETF analyst revealed GBNB is the ticker, however the issuer has but to disclose charges and different key particulars.
Grayscale Updates its BNB ETF with the US SEC
Based on the most recent US SEC submitting, Grayscale filed a 3rd modification to the S-1 kind for the proposed BNB ETF. The funding goal is for the worth of the shares to mirror the worth of BNB held by the belief.
The issuer has not revealed a administration price, staking, and any waiver within the newest submitting. As an alternative, Bloomberg ETF analyst James Seyffart famous that the amended submitting reveals GBNB because the ticker for itemizing on Nasdaq.
NEW: @Grayscale information modification quantity 3 for his or her BNB ETF. Ticker will probably be $GBNB. No price but. binancecoin:native pic.twitter.com/fW1oiAr6b8
— James Seyffart (@JSeyff) June 3, 2026
As well as, Grayscale BNB ETF has eliminated the Potential Contribution Association half within the submitting. Earlier submitting famous that the sponsor was promoting a possible investor to amass a lot of shares by way of a licensed participant in alternate for BNB tokens.
The sponsor particulars confirmed Grayscale Investments Sponsors LLC as the only sponsor of the belief. The modifications talked about probably reply to an SEC suggestions amid the overview course of.
The issuer reveals The Financial institution of New York Mellon as administrator and switch agent. Additionally, BitGo will function the custodian of the belief.
Final week, VanEck launched the primary spot BNB ETF in the US. The ETF was listed underneath the ticker VBNB on the Nasdaq.
BNB Worth Continues to Fall
BNB worth fell 6% over the previous 24 hours, following a greater than 13% rally in response to VanEck BNB ETF launch. The value is at present buying and selling at $631.93, with a 24-hour high and low of $630.93 and $674.87, respectively.
Moreover, buying and selling quantity has elevated additional by virtually 11% during the last 24 hours. This means an increase in buying and selling as merchants react to Bitcoin worth crash.
CoinGlass information reveals promoting sentiment within the derivatives market. Whole BNB futures open curiosity has dropped 10% to $1.03 billion. BNB futures open curiosity fell 11.23% on Binance, 18.10% on OKX, and 0.24% on Bybit.
In different information, Grayscale launched its Hyperliquid Staking ETF in the present day. It’s out there for buying and selling underneath the ticker HYPG on Nasdaq, with a 0.29% as administration price.
